Reported 19 days ago
Universal Corporation (NYSE:UVV) is a leading player in the tobacco industry, known as the world's largest exporter and importer of leaf tobacco. Founded in 1886 and headquartered in Richmond, Virginia, the company enjoys a reliable consumer base, providing stable revenue despite declining overall tobacco usage. With 55 consecutive years of dividend growth, UVV currently offers a quarterly dividend of $0.82 per share and a dividend yield of 6.22%. While it presents a strong investment case, some believe that AI stocks may offer better growth potential.
Source: YAHOO